Kaplan and Norton’s future vision of the Balanced Scorecard

I define Enterprise Performance Management (EPM) much broader than its narrowly perceived view as a CFO initiative with a bunch of dashboards. Under EPM’s broad umbrella are these component methodologies: (1) profitability analysis; (2) forecasting, planning, and budgeting; (3) customer intelligence; (4) process improvement; and (5) strategy execution. The last [...]

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The Academy Awards and business analytics

A year ago I wrote a similar blog as this one based on my finding the acceptance speeches at Hollywood’s Academy Awards to be inspirational. The speeches I enjoy most are Oscar recipients who thank the teams that contributed to their receiving the award. Success comes much more from teams [...]

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Could Beethoven have implemented business analytics?

Could the great classical music composer Ludwig Beethoven successfully implement business analytics in an organization? I was educated as an industrial engineer, and I do not view myself as a scholar of the performing arts, literature, or classical music. However I have always been a careful observer and listener of [...]

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CFO.com’s CPM conference: CFOs see FOs

This January 30th the publisher CFO.com, that ranks roughly third of fifty financial media publishers in circulation behind the Wall Street Journal and The Economist, will host their popular CFO.com Corporate Performance Management (CPM) conference in New York City. The theme will be “Accelerating High Performance: Tactics, Tools, and Technology.” [...]

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Who are the animals of analytics-based enterprise performance management ?

Ever notice how the personalities and dispositions of animals often resemble humans? An organization’s pursuit of adopting analytics-based enterprise performance management involves personalities of all types. How are they like the creatures that populate our planet? A blog is recommended to be less than 500 words, but I violate that [...]

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2012 New Year resolutions for CEOs and executives

January 1st, New Year Day, is a chance for proposing changes. The tradition is to make resolutions such as to lose weight or exercise more. Typically they are personal ones made by the individuals, but I have a new twist by making a resolution for CEOs, heads of government agencies [...]

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Can analytics make your work more fun?

I’ve been reading job satisfaction surveys and the sad truth is that a substantial amount of workers find their work boring and/or unfulfilling. While those surveyed don’t necessarily want to leave their jobs, they just want more enjoyment from their job – a sense of fun and fulfillment. Reading these [...]

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Planner, pioneer, or explorer – which are you?

In my mind, there are three different approaches you can take when it comes to living your life. You fall into one of three personas – Planner, Pioneer or Explorer. While each approach is very different, they all have one thing in common: a profound influence on what career best [...]

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What have I learned on international business trips?

In the last two and a half years I have visited over 100 international cities to present seminars on business analytics and enterprise performance management methods as well as to individually meet with customers and alliance partners of my employer SAS. Each trip, which often runs for three weeks to [...]

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CFO.com’s CPM conference: Show and Tell. Success stories.

I am currently attending CFO.com’s Corporate Performance Management conference September 11-13, 2011 in Dallas at www.cfocpm.com with a terrific line-up of speakers. My prior two blogs reported on Steve Player’s workshop of forecasting and radical reforms on budgeting , analytics guru Tom Davenport’s message to CFOs on how to drive [...]

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